Search results for S token
Crypto
Sonic revises S token economy strategy, pushes direct development and acquisitions of core apps
Sonic said it will pursue a vertically integrated strategy to raise demand for its S token by building and acquiring core applications. The company is shifting from a traditional layer 1 approach focused on gas fees to one aimed at improving token utility and liquidity. Sonic Labs said block space is no longer scarce as scaling improves, increasing fee pressure amid rollups, alternative layer 1s and modular architectures.
AI & Enterprise
Global blockchain tech firms pour into Korea amid hopes for regulation
As moves to institutionalise digital assets in South Korea become more concrete, global blockchain firms are gaining momentum in targeting the local market, with infrastructure companies accelerating their push. LayerZero unveiled its Zero platform and held a briefing in Korea, while Plume Network is stepping up efforts in the token securities market. The revised Electronic Securities Act and Capital Markets Act will bring token securities into regulated finance from January 2027.
Crypto
Circle Ventures invests in EdgeX to support USDC integration, token launch
Circle Ventures has invested an undisclosed amount in decentralised trading platform EdgeX, The Block reported on Feb. 10. The investment will support the project’s token launch and integration of USDC and Circle’s Cross-Chain Transfer Protocol. EdgeX co-founder Kevin Wang (케빈 왕) said Circle Ventures was the only participant in the round. EdgeX, founded in March 2024, runs a web- and mobile-based decentralised perpetual futures exchange.